Period
to 21 August 2018

The table below looks at the prevalence of the term Equity Derivative in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Equity Derivative over the 6 months to 21 August 2018 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Equity Derivatives
Central London > City of London
6 months to
21 Aug 2018
Same period 2017 Same period 2016
Rank 214 192 220
Rank change year-on-year -22 +28 +11
Contract jobs citing Equity Derivative 46 58 28
As % of all contract IT jobs advertised in the City of London 0.66% 0.88% 0.41%
As % of the Miscellaneous category 1.51% 2.08% 1.02%
Number of daily rates quoted 43 52 26
City of London median daily rate £675 £600 £573
Median daily rate % change year-on-year +12.50% +4.80% -4.58%
10th Percentile £563 £521 £425
90th Percentile £775 £713 £650
Central London median daily rate £663 £600 £573
% change year-on-year +10.42% +4.80% -4.58%
Number of hourly rates quoted 0 0 0
City of London median hourly rate - - -
Central London median hourly rate - - -

Equity Derivative is in the Generic IT Skills category. The following table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

All Generic IT Skills
City of London
Contract vacancies with a requirement for generic IT skills 3,052 2,791 2,735
As % of all contract IT jobs advertised in the City of London 43.50% 42.13% 40.46%
Number of daily rates quoted 2,345 2,111 2,213
City of London median daily rate £525 £525 £475
Median daily rate % change year-on-year - +10.53% +2.15%
10th Percentile £313 £313 £306
90th Percentile £723 £688 £663
Central London median daily rate £523 £525 £471
% change year-on-year -0.48% +11.41% +4.72%
Number of hourly rates quoted 57 30 28
City of London median hourly rate £19.25 £21.16 £19.00
Median hourly rate % change year-on-year -9.00% +11.34% -9.52%
10th Percentile £13.31 £12.52 £11.25
90th Percentile £35.64 £33.36 £49.40
Central London median hourly rate £19.25 £18.85 £18.45
% change year-on-year +2.12% +2.17% -12.14%

Equity Derivative
Job Vacancy Trend in the City of London

Job postings citing Equity Derivative as a percentage of all IT jobs advertised in the City of London.

Job vacancy trend for Equity Derivative in the City of London

Equity Derivative
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Equity Derivative in the City of London.

Contractor daily rate trend for Equity Derivative in the City of London

Equity Derivative
Contractor Daily Rate Histogram in the City of London

The daily rate distribution of IT jobs citing Equity Derivative in the City of London over the 6 months to 21 August 2018.

Contractor daily rate histogram for Equity Derivative in the City of London

Equity Derivative
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for contractor hourly rates quoted in IT jobs citing Equity Derivative in the City of London.

Contractor hourly rate trend for Equity Derivative in the City of London

For the 6 months to 21 August 2018, IT contractor jobs citing Equity Derivative also mentioned the following skills in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all contract job ads across the City of London region with a requirement for Equity Derivative.

1 46 (100.00%) Derivative
2 30 (65.22%) Java
3 23 (50.00%) Agile Software Development
4 22 (47.83%) Banking
5 21 (45.65%) Front Office
6 18 (39.13%) TDD
7 14 (30.43%) Investment Banking
8 13 (28.26%) Scala
9 12 (26.09%) Low Latency
9 12 (26.09%) Multithreading
9 12 (26.09%) Equities
10 11 (23.91%) Finance
11 10 (21.74%) C#
11 10 (21.74%) C++
11 10 (21.74%) BDD
11 10 (21.74%) Kotlin
12 9 (19.57%) Foreign Exchange (FX)
13 8 (17.39%) JavaScript
13 8 (17.39%) Migration
13 8 (17.39%) MongoDB
13 8 (17.39%) Microservices
13 8 (17.39%) Quantitative Finance
13 8 (17.39%) Java 8
14 7 (15.22%) AngularJS
14 7 (15.22%) HTML5
14 7 (15.22%) Electronic Trading
14 7 (15.22%) HTML
15 6 (13.04%) Risk Management
15 6 (13.04%) Pair Programming
16 5 (10.87%) Mathematics

Equity Derivative
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 2 (4.35%) Tomcat
2 1 (2.17%) Elasticsearch
Applications
1 1 (2.17%) Microsoft Excel
Communications & Networking
1 2 (4.35%) BIG-IP
Database & Business Intelligence
1 8 (17.39%) MongoDB
2 4 (8.70%) NoSQL
3 3 (6.52%) KDB
3 3 (6.52%) SQL Server
4 2 (4.35%) Oracle Database
4 2 (4.35%) Oracle Database 10g
4 2 (4.35%) Oracle Database 11g
5 1 (2.17%) Relational Database
Development Applications
1 3 (6.52%) Git (software)
1 3 (6.52%) Jenkins
2 2 (4.35%) JIRA
2 2 (4.35%) Maven
2 2 (4.35%) SoapUI
3 1 (2.17%) Cucumber
3 1 (2.17%) GitLab
General
1 22 (47.83%) Banking
2 21 (45.65%) Front Office
3 14 (30.43%) Investment Banking
4 11 (23.91%) Finance
5 1 (2.17%) Financial Institution
Job Titles
1 40 (86.96%) Developer
2 22 (47.83%) Java Developer
3 10 (21.74%) Front Office Developer
4 8 (17.39%) Agile Developer
4 8 (17.39%) Agile Java Developer
4 8 (17.39%) Quantitative Developer
5 7 (15.22%) Analyst
5 7 (15.22%) C# Developer
6 6 (13.04%) Scala Developer
7 5 (10.87%) Analyst Developer
7 5 (10.87%) Qualitative Analyst
7 5 (10.87%) Quantitative Analyst
7 5 (10.87%) Quantitative Analyst Developer
8 4 (8.70%) Java Scala Developer
8 4 (8.70%) SQL Developer
9 3 (6.52%) C# Quant Developer
10 2 (4.35%) Core Java Developer
10 2 (4.35%) Equity Analyst
10 2 (4.35%) Python Developer
10 2 (4.35%) Senior Developer
Libraries, Frameworks & Software Standards
1 7 (15.22%) AngularJS
1 7 (15.22%) HTML
1 7 (15.22%) HTML5
2 5 (10.87%) .NET
3 4 (8.70%) FIX Protocol
4 2 (4.35%) .NET Framework
4 2 (4.35%) Akka
4 2 (4.35%) Apache CXF
4 2 (4.35%) Apache OpenJPA
4 2 (4.35%) Flash
4 2 (4.35%) Hibernate
4 2 (4.35%) JSON
4 2 (4.35%) LINQ
4 2 (4.35%) RabbitMQ
4 2 (4.35%) React
4 2 (4.35%) REST
4 2 (4.35%) Spring
4 2 (4.35%) Spring Boot
4 2 (4.35%) Unity DI Container
4 2 (4.35%) WPF
Miscellaneous
1 46 (100.00%) Derivative
2 12 (26.09%) Equities
3 9 (19.57%) Foreign Exchange (FX)
4 4 (8.70%) Algorithms
4 4 (8.70%) Fixed Income
5 3 (6.52%) Greenfield Project
6 1 (2.17%) Analytical Skills
6 1 (2.17%) Exotic Derivative
6 1 (2.17%) N-Tier
Operating Systems
1 5 (10.87%) Windows
2 3 (6.52%) Linux
3 1 (2.17%) Windows Server
Processes & Methodologies
1 23 (50.00%) Agile Software Development
2 18 (39.13%) TDD
3 12 (26.09%) Low Latency
3 12 (26.09%) Multithreading
4 10 (21.74%) BDD
5 8 (17.39%) Microservices
5 8 (17.39%) Migration
5 8 (17.39%) Quantitative Finance
6 7 (15.22%) Electronic Trading
7 6 (13.04%) Pair Programming
7 6 (13.04%) Risk Management
8 5 (10.87%) Mathematics
8 5 (10.87%) Monte Carlo Method
8 5 (10.87%) Quantitative Research
8 5 (10.87%) Stochastic Calculus
9 4 (8.70%) Market Making
9 4 (8.70%) OO
10 3 (6.52%) Continuous Delivery
11 2 (4.35%) Concurrent Programming
11 2 (4.35%) Problem-Solving
Programming Languages
1 30 (65.22%) Java
2 13 (28.26%) Scala
3 10 (21.74%) C#
3 10 (21.74%) C++
3 10 (21.74%) Kotlin
4 8 (17.39%) Java 8
4 8 (17.39%) JavaScript
5 4 (8.70%) SQL
6 3 (6.52%) PowerShell
6 3 (6.52%) Python
7 2 (4.35%) Clojure
7 2 (4.35%) VBA
Qualifications
1 4 (8.70%) PhD
2 2 (4.35%) Degree
3 1 (2.17%) Numerate Degree
Quality Assurance & Compliance
1 2 (4.35%) Dodd-Frank
1 2 (4.35%) EMIR
1 2 (4.35%) MiFID
System Software
1 1 (2.17%) Docker
Systems Management
1 5 (10.87%) Control-M
2 2 (4.35%) Ansible
2 2 (4.35%) ITRS Geneos
3 1 (2.17%) Kibana
3 1 (2.17%) logstash
Vendors
1 2 (4.35%) F5
1 2 (4.35%) Oracle
1 2 (4.35%) Solace
2 1 (2.17%) Bloomberg
2 1 (2.17%) DevExpress
2 1 (2.17%) Microsoft
2 1 (2.17%) Murex
2 1 (2.17%) Reuters